NIFTY FUTURES UPDATES (SEP 17)

Continuously we have been warning the GAP below 8000 from the beginning of the month itself

Hope you all noticed what happened yesterday in Nifty Futures.

Also after trading below the 8048 yesterday Nifty dashed our support smoothly and went even beyond that to register a

low of 7953.

 

Now you shall remember the GAP DOWN formed in SEP 15^th (between 8140 and 8063) yet to be filled

If and only If Nifty Futures cuts and sustain above 7976 for 30 minutes it would gain strength to reach

8000 & 8025

Otherwise if trades below 7975 for 30 minutes and cuts 7950 see more fall upto 7930-22 and even more

INTRADAY RESISTANCES @ 7977 – 8000 – 8028

INTRADAY SUPPORTS    @ 7947 – 7930 – 20

Work with the mentioned time and levels while initiating a trade

ALL THE BEST

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